Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) Shares Shorted: Short Interest Up 68.2% in October

Goldman Sachs Dynamic New York Municipal Income ETF (NYSEARCA:GMNY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 19,026 shares, a growth of 68.2% from the September 30th total of 11,311 shares. Based on an average trading volume of 25,252 shares, the short-interest ratio is currently 0.8 days. Currently, 1.7% of the company’s shares are sold short.

Goldman Sachs Dynamic New York Municipal Income ETF Trading Down 0.1%

Shares of NYSEARCA GMNY opened at $49.06 on Tuesday. Goldman Sachs Dynamic New York Municipal Income ETF has a 52-week low of $47.38 and a 52-week high of $50.86. The stock has a 50 day moving average price of $48.49 and a 200 day moving average price of $49.67.

Institutional Investors Weigh In On Goldman Sachs Dynamic New York Municipal Income ETF

Several hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC bought a new stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF in the 2nd quarter valued at about $220,000. WNY Asset Management LLC purchased a new stake in shares of Goldman Sachs Dynamic New York Municipal Income ETF in the 1st quarter worth approximately $496,000. Hennion & Walsh Asset Management Inc. lifted its position in shares of Goldman Sachs Dynamic New York Municipal Income ETF by 26.7% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 56,980 shares of the company’s stock worth $2,868,000 after purchasing an additional 12,001 shares during the period. Finally, GoalVest Advisory LLC bought a new position in shares of Goldman Sachs Dynamic New York Municipal Income ETF during the third quarter valued at approximately $1,637,000.

Goldman Sachs Dynamic New York Municipal Income ETF Company Profile

The Goldman Sachs Dynamic New York Municipal Income ETF (GMNY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of current income by investing in municipal securities exempt from federal and New York state income tax. The actively managed fund mainly holds investment grade bonds with a two- to eight-year duration. GMNY was launched on Jul 23, 2024 and is issued by Goldman Sachs.